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Jan 18, 2013
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generator
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 18, 2013
01/13
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KQED
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economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond the housing, the economy has recently been showing other signs of strength. retail sales and manufacturing activity were surprisingly strong in december. today, we learned that jobless claims are at a five-year low. on top of that the stock market, often considered a leading indicator of the economy hit a five-year high today. we're not talking about any old high, it's the highest level for the s&p 500 since before the financial crisis. still, not all economists believe there's reason to celebrate, just yet. >> we've been looking for moderate g
economy still stuck in neutral? suzanne pratt reports. >> reporter: ann lenane has sold real estate in up and down markets, what she says about today's market might surprise you. >> the real estate market is hot. it is on fire. >> reporter: her read on real estate market makes sense given that home sales and new construction are recovering from their recent steep declines. and, some economists believe housing will replace manufacturing as a key growth driver this year. beyond...
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Jan 18, 2013
01/13
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generator
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 17, 2013
01/13
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KGO
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, s
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing...
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Jan 17, 2013
01/13
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KNTV
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in a statement released to nbc bay area, the hospital says it was hit hard by the economy. it says it eliminated unfilled positions and offered voluntary retirements and resignations before laying off 200 employees. some are questioning whether the cuts are legal because they were reportedly discussed behind closed doors. washington hospital gets funds from property taxes so it must follow the same public meeting laws as a city council. >>> it's 4:52 right now. if you like buzzer beaters, you're going to like this. laura garcia-cannon will like it too. we'll show you how st. mary's dead it. >>> and rumors that tiger woods may be reconciling with his ex-wife. >>> a wide view of the south bay but i'll show you the east bay coming up. >>> rumors swirling that tiger woods is trying to get back with his ex-wife. a prenup deal is worth more than half of his $600 million fortune. >> unbelievable. >> reportedly elin will consider this proposal if it includes a $350 million anti-cheating clause. how about that? the couple divorced in 2010 after tiger revealed he was a serial cheater
in a statement released to nbc bay area, the hospital says it was hit hard by the economy. it says it eliminated unfilled positions and offered voluntary retirements and resignations before laying off 200 employees. some are questioning whether the cuts are legal because they were reportedly discussed behind closed doors. washington hospital gets funds from property taxes so it must follow the same public meeting laws as a city council. >>> it's 4:52 right now. if you like buzzer...
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Jan 17, 2013
01/13
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FOXNEWS
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the fact is they do negotiate higher time, their workers but that comes with a cost to the whole economy, making it less dynamic, less easy for businesses to hire more workers and at a time when we have 8% unemployment, that's not something that a lot of businesses can afford. >> now, a lot of those same union leaders say, you get what you pay for, and there are offering cut raitt salaries to workers who might appreciate the jobs, but in the end, aren't going to be very happy in those jobs. what do you think? >> i think overall people are gibbing to see that unions are out to help union worker but very often at the expense of nonunion works and that's where we're getting in trouble. the american public at large is overwhelmingly moving sort of -- public support is moving against unions, gallup found that 42% would like to see unions be less influential. they feel at if there are negotiations going on for union workers but they come at a cost for all workers, creating less opportunity for all workers and for the economy at large. what is the message. you say lab you wins every time. union
the fact is they do negotiate higher time, their workers but that comes with a cost to the whole economy, making it less dynamic, less easy for businesses to hire more workers and at a time when we have 8% unemployment, that's not something that a lot of businesses can afford. >> now, a lot of those same union leaders say, you get what you pay for, and there are offering cut raitt salaries to workers who might appreciate the jobs, but in the end, aren't going to be very happy in those...
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Jan 17, 2013
01/13
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FBC
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economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned two americans are on their way to london. bp is pulling nonessential personnel out of algeria. details here still very fluid. there is a lot of conflicting reports out there. here to help us sort it out, john bolton, former ambassador to the united nations. he is also a fox news contributor. i want to start out, can you put this in perspective for us. how big of a deal is it to the u.s.? >> i think we should consider it very significant. even though it is in algeria a long way away. when you combine it with the hostilities in mali, the fact t
economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned...
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Jan 14, 2013
01/13
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COM
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the damsell in this case representing our entire economy. yes, we tied a woman to the track. to force us to deal with the train. so the stage was set for serious people to arrive at a serious solution. seriously. >> a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a standstill. (train whistle) >> jon: train the president's proposal would raise tacks on families earning $4,000 a year and higher. that's up from $250,000 he initially proposed while cutting $930 billion in spending >> jon: an opening bid and only 13 days until the train run over that woman >> boehner argues taxes and cuts need to be equal. he is moving ahead with a tomorrow on what he calls plan-b. >> jon: plan-b? the morning after bill? ( cheers and applause ) plan-b is the bill you introduce to mitigate your previous session's irresponsible behavior. let's hear it >> republican bill that would prevent income taxes from going up on january 1 for anyone making less than $1 million a year. >> jon: you mean everybody? all right. it's a starting point. as we discussed earlier someone ha
the damsell in this case representing our entire economy. yes, we tied a woman to the track. to force us to deal with the train. so the stage was set for serious people to arrive at a serious solution. seriously. >> a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a standstill. (train whistle) >> jon: train the president's proposal would raise tacks on families earning $4,000 a year and higher. that's up from $250,000 he initially proposed while cutting...
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Jan 16, 2013
01/13
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CNBC
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we'll get an indication of where the economy is going and where it's been. volatility, people also watching apple k. it regain $500, that's been, you know, a lot of chatter here and there. and then on the equities side, 1471.25 on s&p futures the high back a few days ago. if we could break through the level, you will see increased fund flows, more money coming to the market to the long side. and it seems like, you know, i'm really -- surprised because the debt ceiling concern and talks, it's been pretty much nonexistent on the industrial -- >> the markets at fresh five-year highs. >> yeah. it's all because we had the fiscal cliff. and it was so volatile coming into it. we saw some massive swings and massive breakdowns coming into it. it seemed like the market was all over the place. with the debt ceiling, everyone thinks they'll kick the can, raise the debt ceiling up, or get resolved within -- >> that mean the market's at risk? it would seem yes, right? >> see, if you -- my opinion of what will happen is if there's any small breakdown in it, you know, if th
we'll get an indication of where the economy is going and where it's been. volatility, people also watching apple k. it regain $500, that's been, you know, a lot of chatter here and there. and then on the equities side, 1471.25 on s&p futures the high back a few days ago. if we could break through the level, you will see increased fund flows, more money coming to the market to the long side. and it seems like, you know, i'm really -- surprised because the debt ceiling concern and talks,...
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Jan 17, 2013
01/13
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first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being conservative thanks to the affordable care act. aka obama care. once that goes into affect in 2014, companies that employ more than 50 full-time workers will need to provide employees with expensive health care coverage or pay $2,000 on to $3,000 penalty. businesses of all sizes are searching for ways to cope with the law, and the easiest way to avoid paying expenses is to hire more temps. see, to qualify for health care coverage under the affordable care act, they are more likely to hire temp employees. you will have try to have fewer than 50 full-time em
first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being...
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Jan 15, 2013
01/13
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KQED
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. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: republicans called the president hypocritical for saying he will not negotiate over the debt limit while blasting republicans for refusing to negotiate. and they fired back that the debate over the debt ceiling was the perfect time to consider legislation to cut spending. at the same time, only a handful of republicans have actually said they'd let the united states default on its bills. >> the president claims this, but republicans have always raised the debt ceiling. we've never seen the debt limit fail to be raised. all they have said is we want to apply the same criteria that the president himself applied when he was a senator and say we don't want to give the president a blank check. we would like to fix the substantive problem which is the level and the growth in the debt. >> reporter: markets are almost trea
. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: republicans called the president hypocritical for saying he will not negotiate over the debt limit while blasting republicans for refusing to negotiate. and they fired back that the debate over the debt ceiling was the perfect...
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Jan 17, 2013
01/13
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it will be especially good for the economy. >> good to see you, mr. tisch. thank you. >>> we're going to go to bert that coombs for a market flash. take it away. >> thanks, tyler. the teen retailer, bmo is out with a flash note saying it looks like the company is finally getting serious to turn things around. they want to focus on the expertise of some of the new management and also to try to capture that teenage mind not with key items, tyler, but the whole outfit. everybody likes to see the whole shebang. >> i like the outfits. >>> lance armstrong revealing all on oprah, including he is manti te'o's girlfriend. how much of a hit will the armstrong brand take? stay with us. lance. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the all-new cadillac ats -- 2013 north american car of the year. ♪ for a limited time, take advantage of this exceptional offer on the all-new cadillac ats. omnipotent of opportunity. you know how to mix business... with business. and you...re
it will be especially good for the economy. >> good to see you, mr. tisch. thank you. >>> we're going to go to bert that coombs for a market flash. take it away. >> thanks, tyler. the teen retailer, bmo is out with a flash note saying it looks like the company is finally getting serious to turn things around. they want to focus on the expertise of some of the new management and also to try to capture that teenage mind not with key items, tyler, but the whole outfit....
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Jan 15, 2013
01/13
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KRCB
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a lot of the conditions in the economy are slow. it spending is to the really that great. so i don't know if the estimates are that achievable. i also think that yeah, better risk/reward in other sectors in the market. we're trying to advise our clients how to outperform the s&p. i think there is better opportuniy. within tech there are some things we like where recommending suck stocks for example. i think that is one economically sensitive area that the stocks haven't participated that much in the rally. >> susie: let's talk about the areas that have been telling your clients, morgan stanley clients which direction to go. you have three big themes for your clients. buy stocks with from american companies with exposure to china, positive on china. buy dividend paying stocks and you like very large stocks, what you call megastocks. why are these the themes for you? >> well, look, for china i think we identified late last fall that the u.s. companies with china exposure had really lagged the broader market and had gotten quite cheap. and the china economy started to stabili
a lot of the conditions in the economy are slow. it spending is to the really that great. so i don't know if the estimates are that achievable. i also think that yeah, better risk/reward in other sectors in the market. we're trying to advise our clients how to outperform the s&p. i think there is better opportuniy. within tech there are some things we like where recommending suck stocks for example. i think that is one economically sensitive area that the stocks haven't participated that...
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Jan 18, 2013
01/13
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CNBC
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can you not have a couple of people in one room who are going to get your economy right. you need to get the incentives right and need to have the information disbursed. let's talk about the bank regulation part first. i think a lot of what we saw was one a factor of who was on the fed. you had a bunch of academics as cramer mentioned earlier, didn't have that many people who knew about banking, a lot of information coming from wall street. investment banks look a lot different than commercial banks, a lot of different things going on in the sectors so you didn't even have people at the table who really had a sense of what was going on at the economy so i would feel much more comfortable if we take banking regulation and give it to the bank regulators because ultimately i think a lot of the bailouts were about the mistakes made the new york fed, mistakes made at the fed board and they were using bailouts to cover up their own mistakes. aig, all of these cdss were done because the bank approved of cds to create bank capital. they create that had mistake. we can argue wheth
can you not have a couple of people in one room who are going to get your economy right. you need to get the incentives right and need to have the information disbursed. let's talk about the bank regulation part first. i think a lot of what we saw was one a factor of who was on the fed. you had a bunch of academics as cramer mentioned earlier, didn't have that many people who knew about banking, a lot of information coming from wall street. investment banks look a lot different than commercial...
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Jan 18, 2013
01/13
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CNBC
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president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing 12%, double where we were not that long ago. while analysts were determined to tell you the housing is about to go tepid. numbers don't fit into the scenario, not a negative one and that's the story of the market right now the bullish facts are getting in the way of the bearish story. now, i will tell you on any given day, we're capable of a serious swoon and we are due for one. holy cow. maybe dow and intel not so hot tonight can cause one -- sell, sell, sell! this feels like a moment like the mid-1980s where the bulls are in control, ala boeing
president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch to peanut butter and jel sandwiches, pbjs, rather than dining at three-star restaurants. pass the skippy, keep the foie gras. we find out we had the highest housing starts since the boom, climbing...
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Jan 16, 2013
01/13
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KPIX
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>> it's going to affect the availability of various types of seafood, which, of course, impacts the economy on a very large scale in our area. >> reporter: does that continue to concern you? >> oh, absolutely. yeah. i think the effects we're seeing now are just the beginning. >> reporter: there are also worries over rising sea levels. in nearby huntington beach, the tide now comes up farther inland. >> along the california southern coast we've experienced an eight-inch rise in sea level already. it's nothing we can continue to deny. >> reporter: the u.s. government predicts sea levels will rise between 1 and 4 feet by the next century. bigad shaban, cbs news, long beach, california. >>> when we come back on this wednesday, lifting spirits with a song. students from sandy hook elementary school gather for a special recording. ( birds chirping ) everything's better with a great cup of coffee. exceptionally smooth and perfectly balanced for a harmonious blend of flavor, body and aroma. green mountain coffee for your keurig brewer. brew a better day. crashes into a crane during the morning rush
>> it's going to affect the availability of various types of seafood, which, of course, impacts the economy on a very large scale in our area. >> reporter: does that continue to concern you? >> oh, absolutely. yeah. i think the effects we're seeing now are just the beginning. >> reporter: there are also worries over rising sea levels. in nearby huntington beach, the tide now comes up farther inland. >> along the california southern coast we've experienced an...
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Jan 18, 2013
01/13
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CNBC
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economy hostage. they are saying no. we are holding the senate hostage it a debt limit increase, that's what they have to do and we will see how far they get with the proposal. if we do a short term extension of the debt limit we are going to make it be clean without conditions. and this is what the back and forth is going to be in the parties over the next couple of weeks. >> let's talk a little bit about two other major deadlines here. does this have any impact whatsoever john as far as can you see on the the impending so-called sequestering, which i believe kicks in sometime in the next six weeks or so. and then in late march, on the idea that the government will run out of money. there will be no authorization to spend anything more and the government could functionally shut down. is that involved here at all? >> not in a formal sense. but of course all of this is linked together, what the spending plans are to come up with cuts to avoid the budget sequester which neither party wants because it affects it in is indis
economy hostage. they are saying no. we are holding the senate hostage it a debt limit increase, that's what they have to do and we will see how far they get with the proposal. if we do a short term extension of the debt limit we are going to make it be clean without conditions. and this is what the back and forth is going to be in the parties over the next couple of weeks. >> let's talk a little bit about two other major deadlines here. does this have any impact whatsoever john as far as...
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Jan 15, 2013
01/13
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KPIX
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the pollution has been growing in china since the economy took off with factories, power plants and cars pumping out smoke. the governor of texas said that banning planned parenthood would not hurt women. what's happened now when we come back. back. y men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. if you have high blood pressure and get a cold get coricidin hbp. the number one pharmacist recommended cold brand designed for people with high blood pressure. and the only one i use to relieve my cold s
the pollution has been growing in china since the economy took off with factories, power plants and cars pumping out smoke. the governor of texas said that banning planned parenthood would not hurt women. what's happened now when we come back. back. y men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much...
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Jan 17, 2013
01/13
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FOXNEWSW
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this is a direct attack on a critical element of algeria's economy. i think as bill said a moment ago, the islamists have been present in algeria for some time. 20 years ago they won the elections there. the military had to come in to take over the government to prevent them from assuming power. this phenomenon didn't happen overnight. it has been building in the arab world. rise of fundamentalist islam, the rise of radical politicized islam. we've seen its manifestation in a number of different ways including al qaeda. but it is broad and it's deep and the idea we can simply say as we've done the past four years the on terror is over, al qaeda is defeated, we don't have to worry about it, we can cut our defense budget without limit, we're seeing right now, right in front of us the danger of this kind of thinking. martha: what should we do? you know, if americans are still being held and this is a very fuzzy situation right now what should the reaction be? >> i think we need to get some clarity what's going on the ground but i think what it also shows
this is a direct attack on a critical element of algeria's economy. i think as bill said a moment ago, the islamists have been present in algeria for some time. 20 years ago they won the elections there. the military had to come in to take over the government to prevent them from assuming power. this phenomenon didn't happen overnight. it has been building in the arab world. rise of fundamentalist islam, the rise of radical politicized islam. we've seen its manifestation in a number of...
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Jan 17, 2013
01/13
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CNBC
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is it possible the economy is better than we think. ? >> anyone who has been looking at this for the past three to six months recognizes we're in a very stable, not particularly dramatic, not overly sexy but clearly not disastrous economy. that doesn't raise all sorts of celebratory bells but in a world where people's predisposition is to look for a crisis and assume the worse, consistent okay is a whole lot better. none of these numbers that we've been talking about this let's say five, ten years ago would have struck us as particularly robust. retail sales up half of a percent over the holiday for the month. good number. not an incredible number but a whole lot better than everyone saying oh, this is terrible. >> i think we have the inflation chart. let me put the cpi up. the cpi is falling if i'm not mistaken. for all the talk by the inflationistas of the federal reserve's monetary policy which i basically disagree take a look at that. inflation is one of our problems. quick question. one of the leaders of this market, banks. financia
is it possible the economy is better than we think. ? >> anyone who has been looking at this for the past three to six months recognizes we're in a very stable, not particularly dramatic, not overly sexy but clearly not disastrous economy. that doesn't raise all sorts of celebratory bells but in a world where people's predisposition is to look for a crisis and assume the worse, consistent okay is a whole lot better. none of these numbers that we've been talking about this let's say five,...
SFGTV2: San Francisco Government Television
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Jan 16, 2013
01/13
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SFGTV2
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man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and individuals, they have to go elsewhere. and when they go elsewhere, jobs go elsewhere. your entire economy begins to suffer with the lack of clean water. narrator: while the water infrastructure provides for our health, safety, and economy, a growing concern is that the value society derives from water has not traditionally been reflected in the price we pay for water. man: when you take a look at how much people pay for water, as a percentage of median household income, it's usually less than 1%. and when you compare that to how much we pay for electric
man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and...
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Jan 17, 2013
01/13
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LINKTV
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some have speculated germany could spend the gold to kickstart the european economy, but the government has strongly ruled out that idea. al jazeera, berlin. >> thailand's navy has increased patrols to try to stem the flow of refugees from myanmar. more of them are entering thailand legally to try to escape harsh conditions and ethnic violence. this report from southern thailand. >> tired and confused, they arrived on foreign soil. 88 refugees spending more than 10 days at sea after leaving western myanmar. they said they had no choice but to leave. >> the soldiers would take women and daughters and rape them and then turned them back the next day. we had no freedom. we could not go anywhere. we had to make our own future. >> myanmar is predominantly buddhist, and the muslim minority are largely seen as illegal immigrants from neighboring bangladesh. after fighting between bouterse and muslims last year, more than 100,000 left homeless. this was all happening at a sensitive time for thailand. it has been ranked as a tier 2 nation on the watch list for human trafficking. if it is ranked
some have speculated germany could spend the gold to kickstart the european economy, but the government has strongly ruled out that idea. al jazeera, berlin. >> thailand's navy has increased patrols to try to stem the flow of refugees from myanmar. more of them are entering thailand legally to try to escape harsh conditions and ethnic violence. this report from southern thailand. >> tired and confused, they arrived on foreign soil. 88 refugees spending more than 10 days at sea after...
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Jan 17, 2013
01/13
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CNBC
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how will it affect the economy? we will hear from the man managing your money. also, ebay tells us how the company is cashing in on the red-hot transit after the company turns in their best earnings report ever. >>> and last but not least a rare and explosive interview with wells fargo chairman and ceo telling us us about another mortgage decline. we will see you in the last hour of the trading day. mandy, see you then. >> indeed we will. >>> looking like a tough quarter. john has three important numbers in this report. what are those three? >> with $13.6 mill billion, plus or minus a half billion. and so here are my three numberes. one, pc client group revenues. intel had 8.6 million in revenue. that group overall, expecting to be a little higher in q4 and that has to come from pcs or servers. pc sales are down 4.9% from last year. if that's right, you got to hope servers deliver big for intel. two full year gross margin guidance, with capex spending and particularly important now because of how demand shifts in the pc market. his intel plans running below capa
how will it affect the economy? we will hear from the man managing your money. also, ebay tells us how the company is cashing in on the red-hot transit after the company turns in their best earnings report ever. >>> and last but not least a rare and explosive interview with wells fargo chairman and ceo telling us us about another mortgage decline. we will see you in the last hour of the trading day. mandy, see you then. >> indeed we will. >>> looking like a tough...
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Jan 16, 2013
01/13
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CNBC
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. >>> we are moments away from the fed's latest read on the economy. here is how the markets are doing. right now the dow lost its strength, down 23 point on the trading session. s&p is dead in the water all hour and nasdaq is actually up about 10 points on the trading session, ty? >> sue w, watch this story in algeria. that does it for "power lunch." thanks for joining us today. >> and "street signs" begins now with breaking news on the fed and economy. >> that's right, sue and tyler. we have boeing in crisis. we have housing on the mend and five-star stock picks. we've also got the very latest on a scary story in algeria where militants say they have taken 41 people hostage, include something americans, at a bp oil field. well get to that in a moment but let us get to breaking news for the fed and how they are performing and get to steve liesman. steve? >> the federal reserve district says economic growth is modest to moderate in all 12 districts. that's how we normally lead but that's not the most important. what is important is the talk about how f
. >>> we are moments away from the fed's latest read on the economy. here is how the markets are doing. right now the dow lost its strength, down 23 point on the trading session. s&p is dead in the water all hour and nasdaq is actually up about 10 points on the trading session, ty? >> sue w, watch this story in algeria. that does it for "power lunch." thanks for joining us today. >> and "street signs" begins now with breaking news on the fed and...
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Jan 17, 2013
01/13
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KGO
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. >>> turning, now, to the economy, a milestone in the housing recoveries. new figures show home foreclosures dropping 17% to a six-year low last month. and construction of new homes hit a nearly five-year high. >>> people with egg allergies will soon be able to get a flu shot. the fda has approved an egg-free vaccine that will be available soon, but only for people 18 to 49 years old. a new study confirms the regular flu shot is indeed safe for pregnant women and their unborn children. >>> and a remarkable story, now, from that helicopter crash in central london just yesterday. the helicopter clipped a construction crane, burst into flames, killing two people, injuring more than a dozen in the process. but the two crane workers survived. why? because they both overslept for the first time in years and were late getting to work. >>> and finally, something of a controversy at subway. a growing movement, now, online has people getting out their measuring tapes showing that the sandwich chain's famous foot-long sub actually falls one inch short. >> oh, no. >> 1
. >>> turning, now, to the economy, a milestone in the housing recoveries. new figures show home foreclosures dropping 17% to a six-year low last month. and construction of new homes hit a nearly five-year high. >>> people with egg allergies will soon be able to get a flu shot. the fda has approved an egg-free vaccine that will be available soon, but only for people 18 to 49 years old. a new study confirms the regular flu shot is indeed safe for pregnant women and their unborn...
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Jan 21, 2013
01/13
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CNN
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you know, both gentlemen agreed that tackling the economy was first priority. they said in order for president barack obama to leave the democratic party stronger, he has to pass immigration reform. that's what you were talking about a while ago. >> isn't that one of the big questions? is his goal his legacy? or is his goal a democratic legacy? >> one guy said within a year. have you a year to really make your mark. the other guy said maybe two years. >> get into the six-year itch in washington. soledad, the first key comes from the president today in the speech that he gives right where you are later today. >> that's absolutely right. you pose a great question. let's pose it to newark mayor cory booker. does the president focus on his own agenda or focus on really helping democrats down the way? we'll talk about that, when we come back from commercial break in a moment. also, we'll talk about the supreme court justice sonia sotomayor, talking about her story, going from projects to the capitol. can she remain unbiased? our one-on-one conversation, straight ahe
you know, both gentlemen agreed that tackling the economy was first priority. they said in order for president barack obama to leave the democratic party stronger, he has to pass immigration reform. that's what you were talking about a while ago. >> isn't that one of the big questions? is his goal his legacy? or is his goal a democratic legacy? >> one guy said within a year. have you a year to really make your mark. the other guy said maybe two years. >> get into the six-year...
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Jan 17, 2013
01/13
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CNBC
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there's still too much uncertainty, and there needs to be more clarify for the economy to take off. >> a really important point because i think businesses are, you know, shaping up and are currently in great shape in terms of cash on balance sheets. >> terrific. >> so they have the potential to put money to work, although that uncertainty factor is really keeping them from doing so. >> in fact, corporate balance sheets have never been better. liquidity, cash, we've grown 300 billion in core deposits in four years. you know, consumer balance sheets. even though the debt hasn't come down that much because interest rates are so low, the interest carries. the debt service is back to 1998 or 1990 so there's great capacity to invest, to hire, to grow, to buy things, but this uncertainty thing puts a real cloud on things otherwise people would do. they are putting them in abeyance. >> i'm going to get back to that. a real issue. want to get your take on solutions, but you mentioned interest rates and this low interest rate environment. you're putting your bet on growing net interest income.
there's still too much uncertainty, and there needs to be more clarify for the economy to take off. >> a really important point because i think businesses are, you know, shaping up and are currently in great shape in terms of cash on balance sheets. >> terrific. >> so they have the potential to put money to work, although that uncertainty factor is really keeping them from doing so. >> in fact, corporate balance sheets have never been better. liquidity, cash, we've grown...
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Jan 16, 2013
01/13
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CSPAN
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the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on future generations, because if we don't , our names will not be called blessed by future jean rations. den jations. we will be cursed. it is my prayer that we get to be responsible in the coming months and the only way we can get there is if people are honest about our history. and with that, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the chair will remind members to refrain from engaging in personalities towards the president for what purpose does the gentleman from texas
the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on...
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Jan 17, 2013
01/13
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MSNBCW
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the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the struggling economy is taking a toll on families. median household income, lower than it was in 2009. 46% millions live below the poverty line. more than four years ago. the federal public debt has increased from $10.6 trillion in january 2009 to $16.4 trillion now. there's the big number same as four years ago. the unemployment rate of 7.8%, though it's down from a high of 10% in october 2009. other figures of the last four years. number of u.s. troops in iraq, dropped from nearly 140,000 to 200. as the president fulfilled the promise to end that w
the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the...
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Jan 17, 2013
01/13
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MSNBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever y
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored...
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Jan 17, 2013
01/13
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KNTV
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eye 40
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in a statement released to nbc bay area, the hospital says it has been hit hard by the economy and says it had to eliminate unfilled positions and order voluntary retirements and resignations before laying off 200 employees. some are questioning whether the cuts are legal because they reportedly took place behind closed doors. washington hospital does get funds from property taxes meaning it must follow the very same public meeting laws as a city council. >>> the board of pilot commissioners will meet this morning for the first time since the tanker crashed into the bay bridge. the board's agenda does not include the crash but board members could talk about that january 7th incident. it was foggy when the tanker sideswiped one of the towers of the bay bridge. there are reports that faulty navigation equipment could have led to the crash. this morning's meeting takes place in san francisco at 9:30. >>> this next one is a huge international story. shares of boeing under pressure again today as the grounding of the 787s continue. >> as of this morning every single dreamliner in the world i
in a statement released to nbc bay area, the hospital says it has been hit hard by the economy and says it had to eliminate unfilled positions and order voluntary retirements and resignations before laying off 200 employees. some are questioning whether the cuts are legal because they reportedly took place behind closed doors. washington hospital does get funds from property taxes meaning it must follow the very same public meeting laws as a city council. >>> the board of pilot...
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Jan 17, 2013
01/13
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FOXNEWSW
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the only answer is to grow our economy explosivesively grow our economy. we'll have a lot more to talk about that. >> gretchen: you do fit the niche of trying to get lat tino vote back to the republican party. >> the immigration issue is important to hispanics because it's a family and personal issue. but it's not enough. the truth is, we have a lot to say that should apply to all americans, including those of hispanic descent on economic growth, upward mobility, education opportunities. it's just hard to get people to list stuff if they think you want to deport their grandmother. so that is one of the things we're facing now. plus it's right for america. we have to get this thing solved once and for all. we're tired of dealing with this northbound president bush 43 knows what you're saying and he saw the problems with the changing message he left. >> steve: all right. >> thank you. >> steve: real pleasure. >> brian: we'll see where the legislation goes because we know the president wants to do the same thing. >> we'll see what happens. >> steve: good luck
the only answer is to grow our economy explosivesively grow our economy. we'll have a lot more to talk about that. >> gretchen: you do fit the niche of trying to get lat tino vote back to the republican party. >> the immigration issue is important to hispanics because it's a family and personal issue. but it's not enough. the truth is, we have a lot to say that should apply to all americans, including those of hispanic descent on economic growth, upward mobility, education...
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Jan 17, 2013
01/13
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KICU
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and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying to get to that level. yesterday morning we had big boxcar earnings from j.p. morgan and goldman sachs. that was not enough to propel the markets through those levels. i think the market anticipated a lot of this good news ahead of time. so i think we are going to languish around here. you can see by the falling volatility and the complacent markets that we are probably a little ways away from pushing through that level. > what about citigroup and bank of america, which are now going to report in? > > i think those earnings will probably be just like j.p. morgan and goldman sachs. i think they will probably be
and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying...
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42
Jan 18, 2013
01/13
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MSNBC
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eye 42
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we are talking about the economy and jobs and what people really wanted to see done. we moved away from that. you know, the rnc, the leadership, whatever it is, they have focused on something other than what the american people are talking about, and we paid a dear price this past november, and we'll continue to pay that price if we don't wise up and get smart about what the people in this country are concerned about. >> the other side to you, bob, as a democrat, what are the advantages the democrats have to use as a party now? they don't control the house. whatever happens on guns, for example, is going to have to come out of a republican dominated committee in the house. that's tricky. and i keep thinking in the end we can talk all we want about the man in the street and the woman in the street and public opinion. you know how it works. somebody has got to get it out of committee and on the floor of the senate and the house. >> we'll see if we can get around this rule about the majority of the majority has to be for something. basically boehner's dispensed that rule
we are talking about the economy and jobs and what people really wanted to see done. we moved away from that. you know, the rnc, the leadership, whatever it is, they have focused on something other than what the american people are talking about, and we paid a dear price this past november, and we'll continue to pay that price if we don't wise up and get smart about what the people in this country are concerned about. >> the other side to you, bob, as a democrat, what are the advantages...
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Jan 17, 2013
01/13
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CSPAN
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economy in 2013. real gdp growth in the nine states in the first half of 2013 before below 2% accelerating to 2.6% in the fourth quarter. the committee believes that the combination of tax hikes, a prolonged fight or the debt ceiling, and the possibility of severe spending cuts in 2013 have the potential to really stop this recovery in its tracks. one thing you will notice from our forecast table is that the recession probabilities from the committee are higher than normal. we still have the probability of a recession at 23% and for 2014, 20%. that is a little bit higher than what we typically see. we think the private sector is poised for sustainable growth. i think the housing numbers point to one area of strength, the housing market. the tax hikes at the start of 2013 will create a drag on gdp of at least 1.25%. the potential for additional budget and spending cuts from sequestration could add to the downside risks. we think resolving the debt ceiling in a timely manner and providing more clarity o
economy in 2013. real gdp growth in the nine states in the first half of 2013 before below 2% accelerating to 2.6% in the fourth quarter. the committee believes that the combination of tax hikes, a prolonged fight or the debt ceiling, and the possibility of severe spending cuts in 2013 have the potential to really stop this recovery in its tracks. one thing you will notice from our forecast table is that the recession probabilities from the committee are higher than normal. we still have the...
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Jan 13, 2013
01/13
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CSPAN
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eye 113
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we're going to build the new economy within renewables. that is where we need to put our investment. if you look at the withdrawal of a special provision of oil, gas, and coal, it tells a story about how we think you invest in the future. >> thank you. just a couple of thoughts. years ago i was taught what was called a harvard case study approach to solving problems. it was taught in business school and the idea was to your given this complicated situation with different things that would be a good thing to do. part of the discipline was that you should pick the number one thing, the first and essential element you have got to deal with. frequently that was the situation that would determine whether the company was going to succeed or fail. but as i take a look at the things that you are looking at dealing with within the budget, to some degree we are dealing with peripheral things and it seems that there has been pretty good emphasis, but the and velvet -- the elephant in the room is the tremendous growth of entitlements. i heard referenc
we're going to build the new economy within renewables. that is where we need to put our investment. if you look at the withdrawal of a special provision of oil, gas, and coal, it tells a story about how we think you invest in the future. >> thank you. just a couple of thoughts. years ago i was taught what was called a harvard case study approach to solving problems. it was taught in business school and the idea was to your given this complicated situation with different things that would...
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388
Jan 20, 2013
01/13
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FOXNEWS
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when he started, as we all know, the economy was in the ditch. he was able to successfully get us out of that at the point where last week the u.s. stocks closed at their highest level in five years and was able to pass historic health care legislation. by contrast, republicans have their ratings in the toilet. what that means is that there's probably -- it's going to bode well for their ability to compromise with him and for the president to get a second term agenda passed. >> chris, i suppose you see it somewhat differently. >> she addressed political positioning and i think that's what the second term will be about, political positioning rather than solving problems. i don't know that many middle class americans and those who lose their jobs and taxes going up would agree the economy is back on track. the obama first term was what you expect from a first term, one big policy battle and another battle to make sure he achieved a second term. what we saw since the 2010 elections when the democrats took a beating has crated the current environment
when he started, as we all know, the economy was in the ditch. he was able to successfully get us out of that at the point where last week the u.s. stocks closed at their highest level in five years and was able to pass historic health care legislation. by contrast, republicans have their ratings in the toilet. what that means is that there's probably -- it's going to bode well for their ability to compromise with him and for the president to get a second term agenda passed. >> chris, i...
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Jan 21, 2013
01/13
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LINKTV
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so much money on the pr campaign to spread the information and tell people it is going to save their economy, when actually it devastates local communities. >> hundreds of people gathered in new york city on saturday for a public memorial service honoring and schwartz, the internet freedom activist who took his own life earlier this month. he was weeks before trial date for downloading millions of articles provided by the nonprofit research service jstor at mit. swartz was facing 35 years in prison, a penalty supporters called excessively harsh. at the memorial, aaron swartz's partner, taren stinebrickner- kauffman, called for prosecutors to be held accountable. >> on last friday he face the prospect of yet another three months of uncertainty of ups and downs of being forced by the government to spend every fiber of his being on this damnable, since this trial. with no guarantee could exonerate himself at the end of it. he was so scared and so frustrated and so desperate and more than anything, just so weary. i think he just could not take it another day. aarib would have loved to have been
so much money on the pr campaign to spread the information and tell people it is going to save their economy, when actually it devastates local communities. >> hundreds of people gathered in new york city on saturday for a public memorial service honoring and schwartz, the internet freedom activist who took his own life earlier this month. he was weeks before trial date for downloading millions of articles provided by the nonprofit research service jstor at mit. swartz was facing 35 years...